$INJ — Deflationary pressure is mounting, with bulls defending the $4.20 structural floor. 💹

Long $INJ
Entry: 4.24 – 4.28
SL: 4.14
TP1: 4.41
TP2: 4.51

Injective INJ is currently testing a high-confluence demand zone. This coincides with the community-backed "Supply Squeeze" (IIP-617) taking full effect, effectively doubling the protocol's deflationary rate. 🔥

Despite recent volatility, INJ has established a resilient floor near $4.20. This level aligns with a major historical buyer pool, indicating previous institutional accumulation. 🏦

As long as bulls defend the 4.14 SL level, we anticipate a swift move to reclaim the 4.51 resistance zone. 📈

Trade $INJ here 👇
(INJUSDT)